The Gold market has been range-bound between $1250.00 and $1300.00. It is vulnerable for a substantial drop or a move up based on the economic climate. The data and the Fed are strung together in a backdrop for a move in the Gold market one way or the... (full story)
Taki Tsaklanos - InvestingHaven.com - Thu May 05, 5:40PM CDT
Markets arrived at crossroads, and big moves are around the corner. Seldom have we seen so many assets and indicators at decision points simultaneously ! We see stocks, gold, and the U.S. dollar trading at extremely important levels, all in conjunction. We believe gold is about to... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.